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Gold/Mining/Energy : Winspear Resources

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To: teevee who wrote (22599)	7/7/1999 12:46:00 PM
From: Chas.	of 26850

teevee, a formal feasibility will call for 10000tons of ore, this is a must requirement to prove economics and attract capital, It appears they are going that way based on results to date, this is all very good of course and in the interim they may find some mega diamonds to get the market jacked up a little or to peak the interest of one of the majors like Big Brother or Rio Tinto............a portable diamond mining plant at a couple of hundred tons a day would generate some pocket change for misc expenses but is certainly not a serious move towards a mining operation. $500US/ton ore would be a wonderful thing but the samples to date don't support that, I will be very happy at $250 to $300/ton ore.

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